Business of Soccer - Page 4

Birmingham City
/ 854 days agoTom Brady becomes minority owner of Birmingham City
Birmingham City has announced a new investor in the club that most sports fans will be familiar with. National Football League legend Tom Brady has joined on as a minority owner of the Blues. Brady was a serial winner in the American football league, collecting seven Super Bowl rings. The now-retired quarterback announced the move […]

Business of Soccer
/ 868 days agoGlazer family may not want to sell Man United, says report
Potential new owners of Manchester United reportedly feel as if current ownership won't sell the club. The Glazer family has owned the English team since 2005 and announced back in November that they would listen to offers for the club. However, several deadlines set by the family have come and gone. The ownership now looks […]

Business of Soccer
/ 869 days agoChelsea set to buy land surrounding Stamford Bridge
Chelsea will reportedly soon complete the purchase of a piece of land surrounding Stamford Bridge. The Evening Standard is claiming that the Blues are set to buy a 1.2-acre property called Sir Oswald Stoll Mansions. This area currently sits just west of the club's arena. Boehly and Chelsea execs can use land to expand Stamford […]

Business of Soccer
/ 871 days agoFIFA fails to capitalize on the growth of women's soccer
On the eve of the Women's 2023 World Cup, the popularity and commercial potential of women's soccer continues rising. However, FIFA has struggled to fully capitalize on broadcast rights amid high expectations. Despite expanding the tournament field and record viewership in 2019, FIFA fell short of its lofty $300 million target for rights fees by […]

Business of Soccer
/ 872 days agoHow Saudi Arabia aims to be in top 10 of soccer leagues by 2030
Saudi Arabia's soccer landscape is experiencing a remarkable transformation asthe nation embarks on a mission to establish itself as a global sporting hub. Therecent influx of high-profile soccer signings has drawn comparisons to China'smessy entrance into the market. However, Saudi Arabia is taking a more strategic approach, aiming to diversify its economy, project a modern […]

Business of Soccer
/ 874 days agoMLS team valuations to surpass $1 billion next year, says Garber
Major League Soccer commissioner Don Garber has claimed that valuations of the league's teams will soon exceed $1 billion. Garber made the comments during a recent interview with Bloomberg. Los Angeles Football Club became the first MLS club to reach $1 billion in valuation according to Forbes back in February. However, the commissioner believes most […]

Business of Soccer
/ 875 days agoChelsea's desperate bid for shirt sponsorship with price drop
Chelsea are asking for $32 million for their main shirt sponsor. Desperation for a Chelsea shirt sponsor has increased in recrent days, due to the club's need for boosted revenue. The Blues revealed the design of their new home kit without a sponsor. Whilst this was done to maximize pre-orders, time is running out for […]

American Soccer
/ 876 days agoUSL to vote on adopting promotion and relegation
Promotion and relegation may be coming to professional soccer here in the United States. The Athletic is reporting that the United Soccer League (USL) will soon vote on the possibility of bringing pro/rel to the lower divisions. According to the news outlet, the official vote by team owners is set for USL's board of governors […]

Business of Soccer
/ 877 days agoWomen’s World Cup failing to generate interest from brands
The 2023 Women's World Cup will be the biggest tournament in the competition's history. After all, FIFA expanded the upcoming tournament in Australia and New Zealand to 32 teams. This also means that the total matches will reach 64 for the first time. However, the growing event looks set to fall short of the governing […]

Business of Soccer
/ 878 days agoHow much soccer clubs earn from shirt sales
When a soccer club signs a huge player, we often assume shirt sales will be a huge financial windfall for the club. But is that really the case? Data suggests that it's not as large a chunk of club revenue as you might think. Figures posted at The Sports Journal reveal the shirt sales revenue […]

Business of Soccer
/ 881 days agoMLS buys Ad Age article to promote Mexico team
MLS's marketing arm SUM has bought a sponsored article in Ad Age to promote the Mexico national team. The fact that MLS' marketing division Soccer United Marketing (SUM) is responsible for marketing and profiting from the national team of Mexico is surreal. For instance, imagine if the English FA (or Premier League) was marketing the […]

Business of Soccer
/ 883 days agoHow much was Messi offered to go to Miami?
Inter Miami and MLS offered superstar Lionel Messi a massive contract to bring the World Cup winner to the United States. Miami persuaded the Argentina international despite huge offers from Saudi Arabia. Weeks after the deal was officially agreed, we are beginning to get a clearer idea of just how much money Messi will make […]

Business of Soccer
/ 908 days agoReal Madrid launch their own streaming service
Real Madrid has officially launched their very own streaming service. RM Play will be the new home to all video content related to the club. As of today, more than 700 total hours of content is currently available on the platform. Videos are available in English and Spanish, as well as Portuguese subtitles for select […]

Business of Soccer
/ 908 days agoPSG chairman tries to help Qatar billionaire buy Man United
PSG president Nasser Al-Khelaifi is reportedly playing a part in Sheikh Jassim's bid for Manchester United. Sheikh Jassim is currently locked in negotiations with the Glazer family over acquiring a majority stake in the Premier League club. Al-Khelaifi and Sheikh Jassim are both from the Middle Eastern nation of Qatar. According to The Athletic, the […]

Business of Soccer
/ 911 days agoQatar billionaire gives Man United take it or leave it final offer
Qatar billionaire Sheikh Jassim bin Hamad al-Thani has officially submitted his fifth offer to purchase Manchester United. The reported $7.5 billion bid will be his final offer for the club. This offer is for a 100% stake in the English Premier League team. The bidding process for the Red Devils has become a bit of […]